ADB Helps Rehabilitate India's Tourism Sites

The Asian Development Bank has approved a USD20 million loan to help India rehabilitate and

, Financial Express reports. The funds are especially aimed at developing key Buddhist sites in the state of Sikkim. The money will be managed by the local state tourism department.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.